ICFAI Business School, Mumbai Scholarships and Funding

ICFAI Business School (IBS) offers scholarships worth Rs 10 Crores exclusively for top performers in the IBSAT-2024 test

Eligibility Criteria

• For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
• For Wards of IBS Alumni
• For Physically Challenged Candidates
• For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

Terms and Conditions for Scholarships
To avail themselves of these prestigious scholarships, candidates must fulfill the following terms and conditions:

1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT- 2024 test and have successfully qualified.

2. Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.

3. Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilized for any other purposes or fees.

4. Withdrawal Policy: In the event of a student withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

Reviews (Showing 6 of 206 reviews)

Overall Rating (Out of 5)

3.8

Based on 170 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
3.9
Infrastructure
3.6
Faculty & Course Curriculum
4.2
Crowd & Campus Life
3.7
Value for Money
3.8
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 206 published reviews, 170 reviews are verified.
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S
Shreyansh | Post Graduate Program in Management (PGPM) - Batch of 2026
Reviewed on 12 Aug 2024
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Review about the college ICFAI Business School - Mumbai.

Placements: IBS has a reputation for placing students well. Around 95-97% of students who enroll in the placement program get placed. Approximately 200 companies come for college placements and select a handful of students, with an average CTC of 8,50,000/-. Big firms like JP Morgan, Tata, Reliance, Kantara, and Morgan Stanley also visit for placements.

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B
Bhavya Mathreja | Post Graduate Program in Management (PGPM) - Batch of 2021
Reviewed on 27 Jun 2024
Verified
4.4
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Great institute potential to become a top business college.

Placements: If you have an IBS, you will have a lot of placement opportunities. Colleges have separate teachers who take care of placement activities. For our marketing batch, more banks like ICICI Bank, Industry Bank, HDFC Bank, Aditya Birla Finance, DBS Bank, and EY, like many other companies, hire students from our college. The package is 10 LPA, which is mostly what students got. Summer internship programme that we need to do for 8–12 weeks where big firms like JP Morgan, Deloitte, and Morgan Stanley of...

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Anonymous | Post Graduate Program in Management (PGPM) - Batch of 2025
Reviewed on 25 May 2024
Verified
3.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 3
IBS college is very good and I would suggest this college to my juniors.

Placements: More than 70% students are placed in PGPM course. The highest package offered is 12 Lacs and the lowest package is 7 Lacs. Top recruiting companies are Deloitte, Tata Capital, Wipro, HCL, and Google. More than 80% of the students got internships from PGPM course. Top companies are Aditya Birla Capital, HDFC, L&T, and Propencher. Sales executive and Manager are the roles offered.

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Anonymous | Post Graduate Program in Management (PGPM) - Batch of 2022
Reviewed on 14 Jun 2024
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Great Choice IBS Mumbai To Do PGPM.

Placements: IBS is known for its placement as the best B-school in India. From the third semester, students are eligible for placements, including the Big Four and companies like Oxane, Digital Marveled, Teach Lip, etc. Many companies hire students, and our alumni work in top companies across the world. If they have any openings, they hire from our college. Our marketing profile offers a salary of 22 Lacs, the highest for our batch. 95% of students get placed, with an average salary of 7 Lacs. Most students...

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P
Pradnya Kunder | Post Graduate Program in Management (PGPM) - Batch of 2022
Reviewed on 7 Nov 2023
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 4
The College has a record of 90% of placements.

Placements: Placements are great and the highest package is 15.6LPA. The average is around 7-8LPA and the lowest is 6LPA. TCS, Team Please Bank, Reliance, Google, etc. are some companies that visit the campus. The intake of college is 60 and all 60 students get placement.

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P
Prince maurya | Post Graduate Program in Management (PGPM) - Batch of 2025
Reviewed on 6 Nov 2024
3.8
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 4
One of the best institute for Masters.

Placements: So it was the 1st phase of the placements and till now around 60% of the students are getting placed Also the major role is offering is in the sales the top recruiters visiting the campus for the placement is 1) black rock 2) Deloitte 3) EY 4) BNY Mellon and if we talk about Internship all the students get SIP .

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Answered a year ago

To apply for the scholarships offered at IBS Mumbai, candidates can follow the steps given below:

  • Visit the official website.
  • Check the eligibility criteria and apply accordingly.
  • Now, submit the relevant documents and apply for the scholarship.

33383467
Saumya Srivastava

Contributor-Level 10

Answered a year ago

Yes, ICFAI Business School Mumbai offer a scholarship to PGPM with good performance in the IBSAT exam. The scholarship is offered under the following categories:

  • IBSAT 2023
  • Defense personnel wards (serving or retired) from Army, Airforce, Navy, and Paramilitary forces
  • Physically challenged candidates
  • Wa

...more

M

Manori Sahni

Contributor-Level 9

Answered 2 weeks ago

IBS Mumbai and Dr. D.Y. Patil Institute of Management Studies are two great institutes for higher education, but they differ in some key areas. Here's a comparative study to help decide which may be more fruitful for you :-

 

IBS Mumbai 

 

Reputation :- IBS Mumbai forms part of ICFAI University group, w

...more

A

Arindam Modak

Contributor-Level 9

Answered 3 months ago

IBS Mumbai admission to this course is entrance-based. The institute accepts and shortlists students based on IBSAT/XAT/GMAT/NMAT/CAT by GMAC scores.IBS Mumbai's admission process for its flagship PGPM programme is based on a valid score in one among ICFAI Business School Aptitude Test (IBSAT)/ CAT/

...more

S

Suraj Kumar karn

Contributor-Level 9

Answered 3 months ago

ICFAI Business School Mumbai conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants s

...more

Y

Yatendra Kumar

Contributor-Level 10